NEW YORK--(BUSINESS WIRE)--Tribal Capital Markets, LLC has hired seasoned industry veteran Mark C. Squitieri as a Managing Director as the firm continues to bolster its taxable fixed income sales and trading group. Mr. Squitieri will focus on investment grade, high-yield and distressed debt as a Senior trader. Mark was most recently a Portfolio Manager for credit fund Jay Capital Partners. Prior to that, he spent 20+ years as the Director of the global credit business at Vining Sparks where he was instrumental in the growth of the firm’s IG credit trading business.
Mr. Squitieri stated, “I am excited about the prospects of growing the TCM client base and continue to expand the depth of the services we provide in credit trading. This platform will allow me to use my expertise to service a diverse base of clients seeking liquidity in the credit space”.
Executive Chairman Titu Asghar added- “We are excited to have someone of Mr. Squitieri’s experience join our team as we continue to expand the depth of services to our clients. Morongo is proud of the continued growth of the Tribal Capital Markets team and expansion of the Firm’s client base. We look forward to additional hires to round out our credit trading effort”.
“Mark brings a skill set that we need in the credit markets as we continue to expand our trading and sales efforts in fixed income. We are continually looking for entrepreneurial professionals to build out the Tribal team. Mark fits that mold perfectly” added Managing Partner John Barry.
Mr. Squitieri will be based in Memphis, Tennessee and will be working alongside Mr. James Tait, a recent hire in the Mortgage Backed trading space. Both gentlemen will be tasked with expanding our sales and trading effort in the Memphis area as we continue to grow the firms reach in fixed income and equities.
About Tribal Capital Markets, LLC
Tribal Capital Markets, LLC is a Native American owned boutique investment bank serving a broad array of corporate, governmental, tribal nation and institutional clients. TCM is an active underwriter in the Debt and Equity capital markets as well as for Public Funds and Government Sponsored Enterprises. Beyond the sales and trading activities in fixed income, the firm also provides execution in domestic and international equities. TCM is headquartered in New York City with offices in Banning, CA, Summit, NJ, and Boca Raton, FL, as well as locations supervised by its New York office in Memphis and Nashville, TN, Novato and Santa Monica, CA, Boise, ID and Montreal Quebec, Canada. The firm’s Banning, CA location resides on Morongo reservation within the Tribal Administration building.
For more information view www.tribalcap.com